SolarEdge stock jumps as the company announces more layoffs

SolarEdge Technologies plans to lay off 400 employees globally, its fourth job-cut announcement in the past year. Recent safe harbor agreements and 45X credit sales may help the company on its path to recovery. From pv magazine USA SolarEdge Technologies plans to lay off 400 employees globally, its fourth job-cut announcement in the past year. Last January, for example, the company announced a global workforce-reduction plan that will affect approximately 900 employees, or about 16% of its total workforce. The company said the reduction is part of a restructuring plan "designed to reduce operating ...

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